Logan Springer pitched TPI Composites to the Student Managed Investment Fund on February 3rd, 2020. TPI Composites is an independent American wind blade manufacturer for wind turbines with manufacturing facilities in North America, Europe, and Asia. Currently the world has 580GW of wind capacity installed. In the next 10 years, the world is projected to add an additional 73GW of wind energy. The levelized cost of energy is continuing to downtrend, and now the marginal cost of wind energy is cheaper than additional gas and coal. The increased trend of turbine manufacturers outsourcing wind blades coupled with TPI Composites’ global manufacturing footprint will help the company take advantage of this tremendous growth in wind energy. Furthermore, with most active and passive flows entering into ESG / clean energy themed funds, TPI Composites should benefit from these flows. The class voted to purchase 1300 shares of TPI Composites and to sell completely out of XLE, Devon Energy, and Royal Dutch Shell.